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Conyers advises on $1.83bn Target/Zellers acquisition – January 2011

Conyers advised Target on its US$1.83 billion acquisition of Zellers Inc., marking the discount retailer’s first ever expansion outside the US.

Target is the second-biggest discount retailer in the U.S. and plans to open 100 to 150 sites in Canada in 2013 and 2014. Zellers is a unit of Canadian department-store chain Hudson’s Bay Co.

Conyers lawyers Marcello Ausenda and Kathleen Moniz advised Target alongside Faegre & Benson in Minneapolis.

 


Marcello Ausenda
Director

Bermuda   +1 441 299 4954


Kathleen Moniz
Associate

Bermuda   +1 441 298 7883


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